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Table 4 - Hydraulic Cement – production – Europe and Central Eurasia (thousand metric tons) [4] Country: 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 Albania 2,000 1,800 1,300 1,110 918 889 600 575 530 578 348 — 180 106 84 200 200 Armenia 438 422 488 467 770 722 625 605 501 384 355 275 219 287 314 ...
In 2023, Kesoram Industries announced that it would demerge and sell its 10.75 MTPA cement business to UltraTech Cement for ₹ 5,379 crore (US$630 million) in an all-stock deal. [8] The sale is expected to complete by the end of 2024, leaving Kesoram Industries with its rayon and transparent paper packaging businesses held by its subsidiary ...
The FCCL Board of Directors gave their approval for the integration of Askari Cement Ltd. into its operations through a scheme of arrangement. The consolidation occurred based on a share swap ratio of 5:1, implying that for every 1 share held in Askari Cement Limited, 5 shares of Fauji Cement Company Limited were issued. [10] [11] [12]
The company had entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for ₹2,140 crore. [5] From 2010 to 2022, Holcim held a 61.62% controlling stake in Ambuja Cements. [6]
The company's name is an abbreviation of Cement Roadstone Holdings, and was formed through the merger in 1970 of Cement Ltd (established in 1936) and Roadstone Ltd (established in 1949). [2] According to Jonathan Guthrie of the Financial Times, it is pronounced "Cee Orr Haitch". [3] The company went public on the Irish Stock Exchange in 1973. [4]
variable costs, which may increase depending on whether more production is done, and how it is done (producing 100 items of product might require 10 days of normal time or take 7 days if overtime is used. It may be more or less expensive to use overtime production depending on whether faster production means the product can be more profitable).
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As of 2019, HCL was the second-largest manufacturer of cement in Uganda, producing an estimated 2 million metric tonnes annually, accounting for 28 percent on national output. 20 percent of Hima's production was exported to South Sudan, the Democratic Republic of the Congo and Rwanda.